Hangaround Lounge

newark18 · Post by **newark18** » Tue Nov 16, 2010 4:47 pm

I am biased short on both daily and weekly. I narrowly missed a short. I guess I should be a little more aggressive with my limit entries since I am holding LT. I shouldn't be trying to save little pips when I am hoping for a much bigger reward.

newark18 · Post by **newark18** » Tue Nov 16, 2010 6:09 pm

I am still working on my exits especially trying not to exit profit too early but I figured that there would be a nice correction to get back in.

bacoazul · Post by **bacoazul** » Tue Nov 16, 2010 7:05 pm

Same old thing

Jalarupa · Post by **Jalarupa** » Tue Nov 16, 2010 7:29 pm

LOL Baco's killing the GJ Range! Loving' it ;-)

Its been huge this past few days LOL! too easy! hehe

newark18 · Post by **newark18** » Wed Nov 17, 2010 1:24 pm

I am long GJ right now (daily and weekly are biased long). I entered soon after there was a candle close under and back over what I considered to be an important line. I like getting in after a fakeout close (as I call them).

Edit: I am out GJ as my daily bias is short rather than long.

newark18 · Post by **newark18** » Wed Nov 17, 2010 1:37 pm

How many of you generally trade LT (using daily or weekly trend)? And how many of those scalp in the opposite direction of LT while waiting for your LT trade? I see many ST trading opportunities (in order to grab 30-90 pips) as price reaches the extreme of its range but it seems that I have lost my cajones somewhere. Maybe those of you that do can give me a little confidence by letting me know that you do it.

Braathen · Post by **Braathen** » Wed Nov 17, 2010 3:22 pm

pls dont take this as a question or me trying to get anything from you... just my thoughts... i will continue working on my own ideas with what u showed

lazygeorge · Post by **lazygeorge** » Wed Nov 17, 2010 3:41 pm

hey braathen,

how did you set up that template?

I would love to have that so i can experiment myself..

A lot of variables and i just cant seem to find one that im confident with
or one with which i can build up confidence,any advice??

Your chart is showing a positive feel and maybe entry long after a retracement.

Im looking on h3/h9 and its showing a 50% retracement from yesterdays
down move,still conflict with the chart you just put up....

please,any advice to help clear things up coz i know this is simple, im just
suffering from analysis paralysis

newark18 · Post by **newark18** » Wed Nov 17, 2010 6:23 pm

I am back in EU. I exited before but now I am back in after retracement.

newark18 · Post by **newark18** » Wed Nov 17, 2010 6:31 pm

I got in EJ a little early but I am still biased short for both daily and weekly. So I am not worried...yet